Payments

Capital One has joined clearXchange, providing a flood of new potential end users to the bank-led person-to-person payments initiative.

The most loyal and engaged shoppers are the ones who still pick private-label cards, a new study says.

Mangopay has begun accepting several new currencies and offering new features to its payment system for marketplaces and crowdfunding platforms as it expands outside of Europe.

BASKING RIDGE, N.J. -- Members of Affinity CU will receive EMV cards from the credit union during the third quarter of 2014.

Mobile point of sale devices typically clip onto phones to allow the handsets to read card payments, but this approach is not the only option.

The U.K. mobile commerce initiative Weve has added a digital "pouch" for consumers in the U.K. to store loyalty cards and offers as the telco-owned joint venture continues to develop its product.

MasterCard Inc. and Points International Ltd. will partner to deliver more options for cardholders to redeem, exchange or trade their rewards points.

Bangkok Bank Public Co. Ltd. hopes to take advantage of Thailand's easy financial infrastructure to enable a number of new payment options, such as cross-institutional person-to-person payments made from a mobile phone or an ATM.

Target's cybersecurity staff urged the retailer to review the security of its payments system at least two months before hackers compromised its network, according to a report in The Wall Street Journal.

The Merchant Customer Exchange's mobile wallet is still taking form. The retailer-driven initiative hasn't even given its product a name in the year and a half it's been in development, but a steady stream of news about its technology and partnerships show what the fully assembled product might look like.

Target's cybersecurity staff urged the retailer to review the security of its payments system at least two months before hackers compromised its network, according to a report in The Wall Street Journal.

A bank-owned payment organization in Hong Kong will use technology from Gemalto to help it create a Near Field Communications mobile payments service.

Orange has launched its Orange Cash mobile contactless payments system this week in two French cities.

Former Groupon product chief Jeff Holden has joined transportation services provider Uber as chief product officer, Uber announced on Feb. 14.

A new security update on PayPal's mobile application aims to prevent fraudsters from taking over customer accounts.

DALLAS — Employees CU here, and KC Police CU in Kansas City, Mo., have joined the ranks of CUs filing lawsuits against Target Corp. for costs and damages resulting from the massive holiday data breach.

Shopping and banking on a mobile device has always been clunky, as processes designed for a full screen and keyboard have often been crushed inelegantly to fit a smartphone's much smaller screen.

Square's plans to install payments technology in Whole Foods stores will not hurt the processor Vantiv, CEO Charles Drucker contends.

Square Inc. has introduced a new feature to its Square Cash person-to-person payment system, allowing users to request payments from a group of people or an individual.

Commuters in New York's Nassau County will soon be able to pay their bus fares with a smartphone app.